iZUMi x LiveArtX x HOURAI Strategic Partnership Announcement
iZUMi has partnered up with LiveArtX and HOURAI to explore the unlimited potential of web3 NFT and DeFi combinations. With a unique veNFT governance model, iZUMi leverages NFTs to improve DeFi.
iZUMi, LiveArtX and HOURAI will be working towards providing innovative solutions to the NFT ecosystem with the expertise in different areas, including NFT financing, NFT staking, NFT-backed lending and so on.
LiveArtX is a new platform that uses NFTs to create a more transparent and equitable art industry and connects the art world with Web3. By creating blockchain solutions made specifically for the art world, LiveArtX is ensuring that artists, galleries, and collectors can easily participate in the revolution.
LiveArtX’s very first NFT membership free mint campaign is an innovation of NFTs and DeFi. Each NFT membership has specific rights, the higher the level (from level 1 to level 6), the more rights, and benefits to enjoy. Besides the various rights such as governance, exclusive NFT drops, exclusive access to the hottest NFT drops, etc., different memberships are embedded with different amounts of $ART tokens, and thus intrinsic value.
HOURAI is an NFT metaverse project backed by the value of DeFi derivatives. HOURAI is a collection of anime style figures designed by artists from Studio Ghibli and Musashino Art University. Each holder of HOURAI NFTs, if has whitelisted, can trade the original HOURAI NFT for an iZUMi’s veNFT, which means the HOURAI NFTs will have a value support to their floor price.
About izumi Finance
izumi Finance is the first protocol to support Uniswap V3 “non-homogeneous” liquidity mining and extend concentrated liquidity service for multi-chains. izumi provides “Liquidity as a Service” (LaaS) based on Uniswap V3, with innovatively designed liquidity mining modules of “Concentrated liquidity mining” model for stable assets with a fixed price and “One-sided non-impermanent loss Mining” model for non-stable tokens. These structured models would support any blockchain project to better implement liquidity incentives with much higher capital efficiency and enable liquidity providers to earn extra rewards.
